Looking to diversify beyond FZTKX? The mutual funds below have the lowest correlation with FZTKX — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from FZTKX.
Best Diversifiers for FZTKX
0 mutual funds have low correlation with FZTKX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.75, roughly unchanged from 0.78 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.75 | 0.75 | 0.78 | 96 | Semiconductors, Technology Equities | FZTKX vs FSELX | |
| Fidelity Small Cap Value Fund | 0.76 | 0.78 | 0.83 | 74 | Small Cap Value Equities | FZTKX vs FCPVX | |
| Dimensional Retirement Income Fund | 0.77 | 0.78 | 0.75 | 77 | Target Retirement Date | FZTKX vs TDIFX | |
| MFS Lifetime 2025 Fund | 0.81 | 0.82 | 0.86 | 61 | Target Retirement Date | FZTKX vs LTTIX | |
| Prudential Day One Income Fund | 0.82 | 0.81 | 0.82 | 79 | Target Retirement Date | FZTKX vs PDAHX |
See all 72 diversifiers for FZTKX
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